The Andhra Pradesh government has directed that land be allocated for the construction of a shopping mall and hypermarkets by the Lulu Group in Visakhapatnam. The government has issued orders for the land allocation through the APIIC (Andhra Pradesh Industrial Infrastructure Corporation). The Secretary of the Industries Department, Yuvraj, has instructed the APIIC to carry out the land allocation after reviewing the proposals from the Lulu Group.

The government has issued orders to transfer 13.43 acres of land in Harbor Park on Beach Road to APIIC. The Industries Department announced that the Lulu Group has agreed to invest in the construction of an international-level shopping mall in Visakhapatnam.

In 2017, during the Telugu Desam Party (TDP) government, the Lulu Group came forward to set up an international convention center in Harbor Park on Beach Road. However, the previous YSRCP government canceled these land allocations in 2023. Now, the Lulu Group has come forward again with a proposal to build a shopping mall and hypermarket.